There are many choices that you will need to make if you inherit an Individual Retirement Account (IRA) depending on your relationship to the person who left it to you. Since inheriting an IRA impacts you financially and also has consequences on your estate planning and taxes, you will need to get advice from experienced professionals before doing anything with this newly acquired asset.
Unfortunately, seniors tend to make prime targets for scammers because most have assets and good credit ratings and the results can be devastating. They tend get their identity stolen more often than younger generations because they do not monitor online profiles and activity as frequently.
There are many ways that someone can own real property and those are determined by the title to the real estate. Not knowing how your home is titled and not understanding the real property laws and how they work with probate and estate administration can cause significant damage.
How much of your life and data are stored online? Does the information stored online, known as your digital assets, carry any monetary value? Or are your digital assets simply sentimental? For people who make their living creating online content and achieve certain levels of fame, the digital assets may be extremely valuable.
Wandering can be very dangerous for those who are prone to get lost or who find themselves in unsafe or high traffic areas. Here are some tips to keep your loved one safe.
The Forced Arbitration Injustice Repeal (FAIR) Act aims to prohibit mandatory arbitration agreements in several areas of dispute including civil rights,antitrust, and consumer issues. This new rule allows nursing homes to include this language in the contract, but precludes the nursing home from requiring the resident to agree to it and sign it as a condition of admittance.
